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Simple English definitions for legal terms

market-share liability

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A quick definition of market-share liability:

Market-share liability is a type of legal responsibility where each member of an industry is held liable for a harmful or defective product based on their share of the market or percentage of the product placed on the market. This type of liability is usually applied when a plaintiff cannot trace the harmful exposure to a particular product, such as in cases where several products contain a fungible substance. It is often used in products liability cases, such as claims related to exposure to asbestos.

A more thorough explanation:

Definition: Market-share liability is a type of legal responsibility that is imposed on each member of an industry based on their respective share of the market or percentage of the product that is placed on the market. This liability is usually applied when a plaintiff cannot trace the harmful exposure to a particular product, as when several products contain a fungible substance.

Example: A group of people who were exposed to asbestos files a lawsuit against several companies that manufactured asbestos-containing products. The plaintiffs cannot identify which specific product caused their exposure, but they can prove that each defendant had a share of the market for asbestos-containing products. In this case, each defendant may be held liable for a portion of the damages based on their market share.

This example illustrates how market-share liability can be used to allocate responsibility among multiple defendants when it is difficult to determine which specific product caused harm. By holding each defendant accountable for their share of the market, this type of liability ensures that each party bears a fair portion of the responsibility for the harm caused.

market share | market-share theory

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If Duke already admitted two waves at your application date and you didn't hear anything, does that mean you're toast
20:56
100%
20:56
Well i guess my Next journey in Chicago
Do you think sending a loci before they WL/R you would help
20:57
Bloody hell for international gpa holders this year
20:58
I actually drove to durham in January for a campus tour. And i got email exchange with the adcom Already
20:58
I tried. So dead
ichoosebust
20:59
Who else applied to gulc both (full time and part time) and has or hasn’t hear back?
NW is also good bro
21:00
I'm aiming for IP law in the future. So Maybe Chicago is better :(
I live near Durham and have a family tie here
21:00
Haha thanks duck! i know. Im very grateful
So it seems they really don't consider international gpa
I have friends from NW who work in IP, it's solid
21:10
Good luck to u Duck! Ill keep watching updates on duke page. Hope to see u get in soon!
@wickedmochi: noooooo :/ Sorry they got you
Are we sure that Duke A was for today?
just kidding; congrats to the Duke A's!
I got waitlisted from NYLS :(
Did anyone else just get another in-review update from GW?
8888887777776t6t
23:44
@HelpfulGroovyDuck: did you get waitlisted at Cornell after doing the interview, or did you get the interview invite but not actually do the interview?
TanSwankyCorgi
0:10
ppl on reddit posting end of cycle recaps
TanSwankyCorgi
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i’m a Nov applicant and am still waiting on half my schools
TanSwankyCorgi
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Plz tell me i’m not alone
8888887777776t6t
0:42
@TanSwankyCorgi: Of the schools I applied to in November (I applied to some later), I'm waiting to hear an official admissions decision from 5/12, I believe.
8888887777776t6t
0:43
3 T14s, 2 non-T14s.
I applied early December and I’m waiting to hear back from 12/19 schools
I’m stressing
Do we know of any A’s or r’ coming tmr
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